When David succeeded Xavier Rolet as LSEG CEO in April 2018, he brought two decades of experience across multiple continents and sectors. His tenure has been defined by the US $ 27bn acquisition of Refinitiv, announced in August 2019 and completed in January 2021.
The Refinitiv acquisition and business transformation The Refinitiv transaction fundamentally altered LSEG’ s business composition. Data and analytics now contribute approximately 70 % of total group revenues, with the remaining 30 % from capital markets and post-trade services.
The acquisition brought LSEG global reach across 190 countries and access to foreign exchange markets for the first time.
Under David’ s leadership, LSEG successfully integrated Refinitiv ahead of schedule, bringing forward delivery of cost synergy programmes by two years whilst significantly increasing revenue synergy targets.
The company has launched technological partnerships, including collaboration with Microsoft to develop new workflow solutions for financial market participants.
During his tenure, LSEG has also established international market connections, including the Shanghai- London Stock Connect mechanism that enables cross-border investment access between Chinese and international markets.
David maintains involvement in policy discussions through several
86 July 2025